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US SEC Reaches $10 Million Settlement With Digital Assets Issuers
29.8.2019
The US SEC has settled with a Dallas-based digital assets company and its founders for $10 million
South Korea’s BC Card Is Using KT’s Blockchain for Rewards Settlement
27.8.2019
The company says that the process has been made significantly more efficient
Blockchain-Based Healthcare Firm Achieves Settlement with SEC Over Unregistered ICO
20.8.2019
According to the latest reports, the SEC, short for the Securities and Exchange Commission, has settled the charges with SimplyVital Health, Inc. The Commission had pressed an Administrative Proceeding against the company offering blockchain-based solutions for the healthcare industry in...
ASX’s In-the-Works DLT Settlement System ‘on Track,’ Says Yearly Report
16.8.2019
The Australian Securities Exchange has released its 2019 financial report, offering insight into its upcoming distributed ledger settlement system
US Financial Regulators Reach $7M Settlement Over PlexCorps ICO
15.8.2019
The U.S. SEC has reached a $7 million settlement agreement with the issuers behind an allegedly fraudulent ICO
PlexCorps and United States SEC Reach Settlement
13.8.2019
According to the latest reports, the case between PlexCorps and the United States SEC (Securities and Exchange Commission) has reached a settlement. Both the individual defendants have given their written consent to pay the fines and refrain from participating in the activity of digital securities...
ICO Issuer PlexCorps Reaches Settlement With US Securities Regulator
13.8.2019
Lacroix and Paradis-Royer each agreed to pay $1 million apiece as a civil penalty. PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest
PR: Uruguayan President Meets With the Founder of SCRY
2.8.2019
Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss...
Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades
30.7.2019
Nevada-based Prime Trust has launched a real-time settlement service for crypto and fiat transfers among clients
Facebook Reaches $5 Billion Settlement with the Federal Trade Commission
13.7.2019
Facebook has found itself in a whole range of problems over the past couple of years, and many of the problems struck at the very heart of its business. Other than issues related to failure to block advertisements bought by Russians in the lead up to the United States Presidential elections, there...
Euroclear, EIB, Santander and EY to Pursue Blockchain Pilot for ECP Settlement
19.6.2019
Euroclear, one of the world’s largest securities depositories, says it will push forward with building a pilot blockchain-based platform for the issuance and settlement of ECPs
14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains
13.6.2019
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency
Financial Giants Backed Utility Settlement Coin Coming in 2020
3.6.2019
Source: iStock/Rafael_Wiedenmeier
In the relentless effort to utilize the blockchain technology, the new company called Fnality International, a brainchild of 14 major financial firms, is estimated to become operational in 2020. The company will be in control of a blockchain-powered digital cash...
Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization
3.6.2019
The Utility Settlement Coin project — led by some of the world’s leading banks — has established a new firm and completed a $63.2 million Series A financing round
SBI Ripple Asia to Trial Store Settlement Service for XRP-Powered Payments App MoneyTap
31.5.2019
SBI Ripple Asia is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
Russia’s Central Depository to Launch Security Token Blockchain Next Month
22.5.2019
Russia’s National Settlement Depository will launch its long-awaited digital asset ledger next month – 5,000 kilometers away from its Moscow HQ
Mutual Funds Network Calastone’s ‘Real-Time’ Blockchain Platform Is Live
20.5.2019
Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system
Report: Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project
17.5.2019
Some of the world’s leading banks are allegedly currently investing around $50 million to build a blockchain-based digital cash system for transaction settlement, sources claim
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
17.5.2019
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters